How to Calculate Monthly Average Balance In Bank Accounts | Step By Step |

The Average Monthly Balance (AMB) is the average amount of money you need to maintain in your bank account over a month. Banks use this metric to ensure that customers keep their accounts active and sufficiently funded. The minimum monthly average balance varies across different types of accounts and banks. Wondering how to calculate monthly average balance? Explore the importance & formula of Average Monthly Balance which is used by banks. Managing your finances effectively involves more than just keeping track of your income and expenses. A critical aspect often overlooked is maintaining the right balance in your bank account. One key metric used by banks is the Monthly Average Balance (MAB). Understanding how to calculate monthly average balance and its significance can help you avoid penalties and make the most of your banking. Maintaining a healthy balance has several benefits beyond avoiding penalties: Monthly Average Balance Calculator ICICI Bank https://www.icicibank.com/calculators... Federal Bank https://www.federalbank.co.in/amb-cal... HDFC Bank https://www.hdfcbank.com/personal/too... Axis Bank https://www.axisbank.com/retail/calcu... കൂട്ടുകാരേ നിങ്ങൾ എന്റെ മറ്റുവിഡിയോകൾ കണ്ടിട്ടില്ല എങ്കിൽ എന്റെ ചാനൽ സന്ദർശിക്കാൻ മറക്കല്ലേ കൂടെ ഒന്ന് subscribe കൂടെ ചെയ്തേക്കണേ. Join My Channel To Get my Mobile Number    / @nibumjohnvlogs   Subscribe my Channel https://bit.ly/3csVbt6 For more Videos visit My Channel Video Page https://bit.ly/2AP6Bcw Please Like My Facebook Page https://bit.ly/2Y5WQAe #MAB #minimumbalance #bank_account